IC-38 Corporate Agent / SP
IC-38 Corporate Agent Examination
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ExploreAbout this exam
The IC-38 Corporate Agent examination is the pre-licensing qualification that individuals associated with corporate agency entities in India must clear before they can be registered to solicit and service insurance business. The Insurance Institute of India (III) publishes the Corporate Agent IC 38 study material and a Corporate Agent model question bank, and it administers the online training and examination pathway through its portal. The exam is delivered in a multiple-choice format and tests the regulatory, product and conduct knowledge expected of a corporate agent's sales force - the rules of the Insurance Regulatory and Development Authority of India, life and general insurance fundamentals, customer suitability, and anti-mis-selling discipline. Candidates register through the Institute's online registration route, complete the prescribed online training, download their Training Completion Certificate (TCC), and then appear for the online examination; passing certificates are downloadable from the same portal. Preparation should follow the published study material and model question bank rather than third-party notes, because the Institute periodically revises its study course materials - it has announced new and revised materials for the September 2026 online examination. This page is an independent study resource and is not affiliated with, endorsed by, or acting on behalf of the Insurance Institute of India or IRDAI. Always confirm fees, schedules and eligibility on the official Institute website before paying or booking.
What you'll study
About IC-38 Corporate Agent / SP preparation
Who needs to clear the IC-38 Corporate Agent exam?
Individuals who will sell or service insurance on behalf of a registered corporate agent entity must complete the Institute's IC-38 online training and examination before being registered. The Institute publishes separate study material and a model question bank for Corporate Agents, distinct from the Insurance Agent and Insurance Marketing Firm streams, so use the Corporate Agent set.
What is the exam format?
The Institute lists the Corporate Agent IC-38 examination as an online examination with multiple-choice questions, taken after the prescribed online training is complete. The source page does not state the number of questions or the duration, so confirm the current pattern and schedule on the official portal before booking a slot.
How do I register for the training and exam?
Use the Corporate Agent section of the Institute's portal: create a candidate profile, pay through the online payment or web-wallet route, complete the online training, download your Training Completion Certificate, then register for the examination. Help manuals for single and bulk registration, payment and web-wallet are published alongside the Corporate Agent links.
Is there a deadline for paying the training fee?
Yes. The Institute's Corporate Agent page lists a restriction on training payment after completion of 210 days from the URN creation date. If your URN is older than that window, payment may be blocked, so start the training promptly after your URN is generated and check the circular before paying.
What is the passing score, and is there any grace provision?
The Institute publishes a 'Grace Passing Marks - IC-38 Examination Corporate Agents' link in the Corporate Agent section, which is the authoritative place to read the current pass mark and any grace-mark rule. Those figures are not reproduced here because they are not stated on the source page; read the official page rather than relying on second-hand notes.
Do I need to retrain when my registration is renewed?
Yes, renewal is handled separately. The Corporate Agent section provides a Renewal Online Training route with its own single and bulk registration help manuals, TCC download and payment receipts, plus a re-renewal and transfer-candidate process. Do not assume your fresh-training certificate covers renewal; follow the renewal flow.
Which study material should I use?
Use the 'Corporate Agent IC 38 Study Material of Corporate Agent' and the Corporate Agent Model Question Bank, both linked from the Institute's site. The Institute has announced new and revised study course materials from September 2026 for the online examination, so check which edition applies to your session before you buy.
What do candidates most often get wrong?
Three recurring mistakes: preparing from outdated material after a syllabus revision, leaving training payment until the 210-day URN window has nearly lapsed, and confusing the fresh-training flow with the renewal flow. Work through the model question bank after each study unit, and confirm fees and session dates on the official site, since professional examination fees were revised with effect from 1st April 2026.
How should I sequence my preparation?
Read the study material unit by unit, then attempt the corresponding model question bank questions and review every wrong answer against the text. Finish with full-length timed practice. Because the exam is multiple choice, practise ruling out options quickly, and re-check any unit affected by the announced September 2026 material revision.